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20130113
20130121
Search Results 0 to 9 of about 10 (some duplicates have been removed)
. president obama spent the better part of the hour talking about the debt ceiling. so we'll go into the details about what it is, exactly. it is a cap on the amount of money the federal government may borrow. the cap is actually set by congress. so it includes money the federal government borrows from the public. for example, u.s. bonds, right? also includes debt that the treasury owes the government, trust funds like social security and medicare. right now, the ceiling, is it set at almost $16.4 trillion. the country's borrowing already hit that mark. that happened on december 31st. so the ceiling is raised periodically because both parties, they have to have approved the tax cuts and the spending increases over the years, knowing that they're going to add to the deficits. by doing so, they increase the country's need to borrow in the future. since 1962, congress has raised the debt limit 76 times, 11 times in the past decade. i want to talk about the debate over the debt ceiling, how it affects the overall economy. our georgia tech economics professor, danny boston joining us
're moving off minoring in hip-hop and we'll talk economics here. president obama, maybe we'll talk hip-hop as well, in a final formal news conference before he takes the oath of office here in his second term spoke this morning, pushing for support on raising the debt ceiling. >> and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> so the president says there will be no ransom, you heard him say no bargaining chip in this whole debt ceiling debate. the deadline to raise that ceiling is approaching quickly. some members in congress say they're willing to shut down the government to avoid raising that limit now. joining me now is ben stein. nice to have you
is shucking and jiving. that's a racial era slave term. >> powell is most likely talking about former alaska governor sarah palin who blasted president obama for his handling of the benghazi consulate attack on facebook writing in part, "why the lies? why the cover up? why the dissembling about the cause of the murder of our ambassador? on the anniversary of the worst terror attacks on american soil. we deserve answers to this. president obama's shuck and jive shtick with these benghazi lies must end." joining me now cnn contributor and senior writer for cnn.com, gra l.z. granderson. and will cain. palin defended the remarks saying there was nothing racist about them. was there? >> i'm going to go with no, carol. you know this is always my favorite segment. why are republicans racist? are you racist? tell me again what is not racist about conservatism? it's always the burden of proof to prove you're not a racist, which is a near impossible thing to do. i understand you're not asking me about my personal views. you're asking about a party. i don't know, whatever that is, tens of millions of p
to talk about the -- you may well remember president obama trieded it, he had ted kennedy on his side, he had mccain on his side, it didn't go anywhere. what do you think if the president tries to push for comprehensive immigration reform including a pathway to citizenship for so many of the ten, 10 million illegal immigrations from -- >> they lost about 71% of the latino vote, 74% of the asian vote. the vast majority of people in the country in poll after poll after poll including your own say that people want comprehensive immigration reform that provides a pathway for citizenship. i saw john mccain yesterday on face the nation and i can tell you that we were in the room together, he's working with some eight senators, he believes that we're on the path to get comprehensive immigration reform and i think that both parties would be -- would do well by the american people if they did that and i think that's the difference. an election has a way of making a statement, and i think it did, particularly for the republicans who, as you know, were calling for the south deportation of 11 million
of michelle obama's style so i think they had some fun with it today, martin. >> i'm sure they did. let's talk about crowds, the first time of the inauguration was historic, it is still historic, i'm wondering, will the crowds be the same? >> we asked the chamber of commerce about that, what expectations r let's listen to what the president of the chamber of commerce told us. >> what we are hearing is 600,000 to 800,000 people coming into the city. you compare that to 2008/2009, 2008 election/2009 inauguration, it was almost 2 million. 1.8. those of us in the in business community would love to see 2 million people in our city, but no, we are not looking anywhere near those numbers. >> reporter: so you heard not as many people this time but still, hundreds of thousands of people expected to descend on the mall. you don't need tickets to descend on the mall. you do to have be in the seats behind us it will be a boone to businesses. one thing the chamber of commerce president told us there is hotel space you as long as you are willing to spend a good chunk of change, $600 a night. >> if you have
morning. thank you very much for joining us. i'm carol costello. we start this hour talking about a major announcement from president obama and the vice president, joe biden. next hour they will unveil their plan to fight gun violence in america. and they'll be joined by several families of newtown shooting victims and children who wrote letters about gun violence. here's what we're experting. according to an official familiar with the situation the president will press for a ban on high capacity magazines and assault weapons, push for universal background checks and request funds be made available to treat mental illness and enhance school safety. dan lothian joins us now. the nra is on the attack before they have seen the plan. >> it's a controversial ad the nra has released. it's not only going after the president and suggesting he's an elitist, but also going after the first daughters. it is an ad that is clearly aimed at sort of defending their position, which is they believe as the president looks to have these two tracks, one put pressure on congress to pass some of this -- these r
at the time. >>> it is the biggest celebration that happens once every four years. we are of course talking about the inauguration of the president. all the bands, the drill teams and the stand-ins are in the capital today, rehearsing for next week's second inauguration of barack obama barack obama. athena jones is in washington to give us a sneak preview, hello. i guess they started early and i suppose they're trying to make sure they work out all the kinks, you don't want to have anything go wrong on the big day, do you. >> certainly not, you think every four years they'll try to get it right. today we've seen fife and drums, military bands, we've seen people standing in for the vice president and for president obama, as well as the first lady. and two young girls standing in for sasha and mallia to make it as close to how they expect it to be as possible next week. there's a lot of excitement here in town. we had a chance to speak with the president of the chamber of commerce about some of their expectations, let's listen. >> what we're hearing is anywhere from 600,000 to 800,000 people
president and certainly president obama with their strength of the office and going around the country and talking to americans which basically agree with the president, it's going to be up to the people across the country to talk to their members of congress to make sure that we and get this done. this can save lives. we've saw that. when the large magazine clips, which i've been reintroducing ever since 204, when that ban was in place, we did not see these magazines out on the streets. and they were very expensive because they were rare. we can do that again to cut that down. we're not going to be taking away anyone's right to own a gun. the supreme court already did that. but with the president laying out what he did, in a very holistic way, by the way, by working with our schools, making sure we have community policing, have psychologists. it's going to be up to the schools to make the decision on what they want, but we should be there to help them. ifwe can't protect our children from school or someone going to the movies, i think that has hit the heart of everybody in this countr
is speaking before the conference. >>> and when president obama took office four years ago, of course, what was the mood? well, the inauguration, it was jubilant, but going into a second term he's facing a much harder road. atlanta's mayor is joining us to talk about those challenges. >>> i think the main mission of what we're trying to dos in our lab, drag psychology kicking and screaming into the 21st century. >> a wimped of the virtual world. >> we're sort of like the unique alliance of hollywood, the military and academia. >> also a chief combatant in u.s. military's battle against post-traumatic stress disorder. ptsd. >> it's not unique to combat, but for veterans what it's become one of the signature woods of iraq and afghanistan. >> skip rizzo. he first graped headlines back in 2006 with his virtual reality ptsd therapy for vets. today he's getting in front of the problem with strive. my colleague chris lawrence got a first look. >> i want to prepare people to deal with stress better. if that doesn't work out, help them fight through the challenges in the aftermath of stress. >> hi.
Search Results 0 to 9 of about 10 (some duplicates have been removed)